$1,240,000
SOLD JUN 15, 2018
-- Bed
-- Bath
2,664 Sq Ft
1951 Built

Recently Sold

$465 Per Sq Ft

8% Below List Price

61 Days on Market

About This Home

As of June 2018

A-2 Zone, recently remodeled with ceramic tile throughout. Front home has 5 bed, 2 bath and the back home has 2 bed, 1 bath. 4 tandem parking. Investor's dream, good income. The next door building, 733 Ekela is also For Sale. (Combined land area approx. 9,977 SF. the price together will be $3,250,000).

Last Agent to Sell the Property

Tha Smith

Coldwell Banker Realty License #RS-74579 Listed on: 03/16/2018

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,024

Year Built

  • Built in 1951

Lot Details

  • 4,302 Sq Ft Lot

Home Design

  • Slab Foundation
  • Metal Roof

Interior Spaces

  • 2,664 Sq Ft Home
  • 1-Story Property
  • Laundry in unit

Parking

  • 4 Parking Spaces
  • Tandem Parking
  • Open Parking

Listing and Financial Details

  • Tenant pays for electricity, parking fee
  • Assessor Parcel Number 1-2-7-035-037-0000

Community Details

Overview

  • 2 Units
  • Kapahulu Subdivision

Building Details

  • Operating Expense $11,676
  • Net Operating Income $59,124

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,024

Year Built

Built in 1951

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential
  • Year Built: 1951
  • CommunityFeatures: None
  • Road Frontage Type: Other
  • LaundryFeatures: In Unit
  • MLS Status: Closed
  • Subdivision Name: KAPAHULU
  • Unit Levels: One, Two
  • Roof: Metal
  • Tax Year: 2017
  • Special Features: None

Interior Features

  • Furnished: Unfurnished
  • Stories: 1

Exterior Features

  • Construction Type: Hollow Tile, Single Wall
  • Lot Features: Cleared, Other
  • Property Condition: Good Condition
  • Topography: Other
  • View: None
  • View: No
  • Disclosures: 1031 Exchange, Pet on Property, Seller Disclosure
  • Foundation Details: Slab

Garage/Parking

  • Parking Features: Open, Tandem
  • Total Parking Spaces: 4.0
  • Open Parking: Yes

Utilities

  • Utilities: Cable Available, Natural Gas Available, Water Available, Sewer Connected
  • Sewer: Connected
  • Water Source: Public

Lot Info

  • Parcel Number: 1-2-7-035-037-0000
  • Zoning Description: 12 - A-2 Medium Density Apartme

Multi Family

  • Number Of Units Total: 2
  • Net Operating Income: 59124.0
  • Annual Operating Expense: 11676.0
  • Tenant Pays: Electricity, Parking Fee
  • Total Actual Rent: 5900.0

Tax Info

  • Tax Annual Amount: 3024.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 16, 2018
Closed on
Jun 11, 2018
Sold by
Chan Keith Martin and Chan Kyong Mi Lee
Bought by
Ho Xua Toan Nguyen and Nguyen Thu Anh
Seller's Agent
Tha Smith
Coldwell Banker Realty
List Price
$1,350,000
Sold Price
$1,240,000
Premium/Discount to List
-$110,000
-8.15%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.57%
Original Mortgage
$806,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 11, 2008
Sold by
Moriyama Amy Tomoe
Bought by
Chan Keith Martin and Chan Kyong Mi Lee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$640,000
Interest Rate
6.16%
Mortgage Type
Unknown

Purchase Details

Closed on
Apr 4, 2008
Sold by
Moriyama Richard Akito
Bought by
Moriyama Amy Tomoe and Amy Tomoe Moriyama Living Trust

Purchase Details

Closed on
Dec 22, 1995
Sold by
Moriyama Harue
Bought by
Moriyama Harue
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- Fam
Warranty Deed -- Fam
Warranty Deed $800,000 Fidelity National Title Ins
Deed -- None Available
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $224,000 New Conventional
Open $865,000 New Conventional
Closed $806,000 New Conventional
Previous Owner $550,000 Credit Line Revolving
Previous Owner $640,000 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/16/2024 08/16/24 For Sale $1,610,000 0.0% $754 / Sq Ft
08/16/2024 08/16/24 For Sale $1,610,000 +29.8% $754 / Sq Ft
06/15/2018 06/15/18 Sold $1,240,000 -8.1% $465 / Sq Ft
05/16/2018 05/16/18 Pending -- -- --
03/16/2018 03/16/18 For Sale $1,350,000 -- $507 / Sq Ft
Source: HiCentral MLS (Honolulu Board of REALTORS®)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $4,746 $1,474,700 $1,253,400 $221,300
2024 $4,746 $1,475,900 $1,253,400 $222,500
2023 $4,209 $1,402,700 $1,186,300 $216,400
2022 $4,782 $1,366,200 $1,163,900 $202,300
2021 $4,499 $1,285,500 $1,074,400 $211,100
2020 $4,475 $1,278,600 $1,074,400 $204,200
2019 $3,756 $1,191,200 $984,800 $206,400
2018 $3,756 $1,073,000 $872,900 $200,100
2017 $3,340 $954,300 $805,800 $148,500
2016 $3,027 $864,800 $716,200 $148,600
2015 $2,770 $791,500 $649,100 $142,400
2014 $2,666 $746,300 $604,300 $142,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: HiCentral MLS (Honolulu Board of REALTORS®)

MLS Number: 201807351

HiCentral MLS (Honolulu Board of REALTORS®)

APN: 1-2-7-035-037-0000